Top 10 Richest women in Nigeria (2024)

Nigeria is home to some of the wealthiest women in Africa. From oil and gas tycoons to real estate moguls, these powerful women have made a name for themselves in a male-dominated industry. 

In this article, we will take a closer look at the top 10 wealthiest women in Nigeria and their impressive business empires.

Nigeria’s richest women

Rank	Name	Net worth ($)
1.	Folorunsho Alakija	1.6 Billion
2.	Hajia Bola Shagaya	950 Million
3.	Dr. Stella Okoli	800 Million
4.	Daisy Danjuma	100 Million
5.	Fifi Ejindu	80 Million
6.	Stella Oduah	80 Million
7.	Dr. Adenike Ogunlesi	50 Million
8.	Bimbo Alase	40 Million
9.	Mosunmola Abudu	30 Million
10.	Bola Adesola	28 Million

1. Folorunsho Alakija

Net worth: $1.6 Billion

Folorunsho Alakija is one of the wealthiest women in Nigeria and Africa, with an estimated net worth of over $1 billion. She is a businesswoman and philanthropist with interests in the oil and gas industry and fashion, and printing. Folorunsho began her career as a secretary and worked her way up to become the vice-chairman of Famfa Oil, a Nigerian oil exploration company. 

She also has a significant stake in the fashion industry through her company, Supreme Stitches, which is involved in the production of high-end fabrics and the design of ready-to-wear and couture clothing. Her successful business venture, Folorunsho is also known for her philanthropic work. She is the founder of the Rose of Sharon Foundation, which provides financial assistance and empowerment programs for widows and orphans in Nigeria.

Recommended: How Folorunsho Alakija made her money

2. Hajia Bola Shagaya

Net worth: $950 Million

Hajia Bola Shagaya is a successful businesswoman with an estimated net worth of over $950 million. She is a native of Zaria, in northern Nigeria, and has interests in real estate, oil and gas, and banking. 

She is one of the wealthiest women in Nigeria, known for her successful business ventures and philanthropic work.

3. Dr. Stella Okoli

Net worth: $800 Million

Dr. Stella Okoli is a respected businesswoman and philanthropist with an estimated net worth of over $800 million. She is a native of Anambra state, in south-eastern Nigeria, and is the founder and CEO of Emzor Pharmaceuticals, one of the largest pharmaceutical companies in Nigeria. 

Dr. Okoli has over 30 years of experience in the healthcare industry and is known for her contributions to the development of the Nigerian pharmaceutical sector. She is also recognized for her philanthropic work, particularly in education and healthcare. Her net worth is a testament to her hard work, dedication, and ability to manage and grow her business empire.

4. Daisy Danjuma

Net worth: $100 Million

Daisy Danjuma is a prominent businesswoman, politician and philanthropist with an estimated net worth of over $100 million. She is a native of Edo state, in south-south Nigeria. She has served as executive director to several companies and was once senator in the Nigerian senate. She currently is the vice chairman of South Atlantic Petroleum, a leading oil and gas company in Nigeria. Daisy is known for her successful business ventures and philanthropic efforts in varying sectors. 

She is also recognized for her contributions to the education sector, having established several schools and refurbished many educational institutions in Nigeria, especially in Edo state. Her net worth is a reflection of her hard work, dedication, and her ability to manage her business and investments effectively. She is the wife to T.Y Danjuma, Nigeria’s former Chief of Army Staff.

5. Fifi Ejindu

Net worth: $80 Million

Fifi Ejindu is a successful businesswoman with an estimated net worth of over $80 million. She is a native of Cross Rivers state, in southeastern Nigeria, and is the founder and CEO of Starcrest Group of Companies. This conglomerate operates in several sectors, including real estate, investments and designs.

Ejindu is known for her business acumen, strategic thinking, and ability to identify profitable opportunities.

6. Stella Oduah

Net worth: $80 Million

Stella Oduah is a respected businesswoman, politician and philanthropist with an estimated net worth of over $80 million. She is the founder and CEO of Sea Petroleum Oil and Gas, a leading oil and gas company in Nigeria that operates in the offshore sectors. She also has interests in real estate, and investments. 

Stella is known for her business understanding and ability to manage and grow her business empire. She is a respected figure in the Nigerian business community, particularly in real estate and oil and gas. Her net worth is a testament to her strategic thinking, hard work, and dedication. She was a former Nigerian senator and also Nigeria’s former minister of Aviation. 

7. Dr. Adenike Ogunlesi

Net worth: $50 Million

Dr. Adenike Ogunlesi is a successful businesswoman and philanthropist with an estimated net worth of over $50 million. She is a native of Lagos state, Nigeria, and is the founder and owner of the brand styling company Ruff ‘n’ Tumble. This leading Nigerian company operates in the lifestyle sector, with attention to manufacturing clothing, styling and lifestyle that meets international standard. Dr. Ogunlesi is known for her philanthropic work and contributions to the Nigerian business growth through her investments in startup companies in Nigeria. 

She is a well-respected figure in the business community and is known for her ability to manage and grow businesses into empires. Her net worth is a testament to her business acumen, strategic thinking, and ability to identify profitable opportunities.

8. Bimbo Alase

Net worth: $40 Million

Bimbo Alase is a respected businesswoman and philanthropist with an estimated net worth of over $40 million. She is a native of southwestern Nigeria, and is the founder and CEO of Leather world, one of the biggest leather companies in Nigeria. 

Alase is known for her business understanding and ability to manage and grow her business empire. She is one of the most successful entrepreneurs in the Nigerian manufacturing industry and has received numerous awards and recognitions for her business achievements.

9. Mosunmola Abudu

Net worth: $30 Million

Mosunmola Abudu also known as Mo Abudu is a successful businesswoman with an estimated net worth of over $30 million. She is a native of Lagos state, Nigeria, and is the founder and CEO of Ebonyilife Television and Lifestyle Limited, a leading company in the entertainment industry. 

Abudu is known for her business understanding and ability to manage and grow her business empire. She has a wealth of experience in the Nigerian entertainment sector, and her net worth is a reflection of her hard work, dedication, and her ability to manage her business and investments effectively.

10. Bola Adesola

Net worth: $28 Million

Mrs. Bola Adesola is a respected businesswoman and philanthropist with an estimated net worth of over $28 million. She is a native of Ogun state, in southwestern Nigeria, and is the managing director of Standard Chartered Bank Nigeria. She has a wealth of experience in the banking sector, having worked in several senior roles at the bank, and her wealth is a reflection of her hard work, dedication, and her ability to manage her business and investments effectively. 

Mrs. Adesola is also known for her philanthropic work, particularly in education and healthcare, and is a respected figure in the Nigerian business community. Her net worth is a testament to her business acumen, strategic thinking, and ability to identify profitable opportunities. She is also known for her ability to navigate the complex Nigerian business environment and to adapt to changing market conditions.

Conclusion 

These women have proven that it is possible to achieve success and wealth in a male-dominated industry. Their net worth is a testament to their hard work, dedication, and ability to manage and grow their business empires. They serve as an inspiration for women everywhere who aspire to achieve success in their careers.”